Next Generation of Bunker Tanker

22.02.2018

It is our greatest pleasure to inform that our close cooperation with Stena
Oil has resulted in a newbuilding contract with PaxOcean Group in China for an advance 5600 DWT Oil Bunker Tanker. The project is a joint venture
involving OljOla as owner with full technical management, Stena Oil as
commercial operator and Stena Teknik which will manage the building process. Delivery
is expected in the end Q1-2020.

The design of the vessel has been developed by
OljOla and Stena Teknik with high focus on operational flexibility and a high
environmental and safety profile.

The philosophy of the vessel is to use the
operational advantages developed in our previous vessels and bring this to a
larger sized bunker tanker, providing safe and efficient bunker operations
anywhere at all times.

Deck structure will be facing into cargo tanks,
allowing safe work on deck for handling of cargo hoses, fenders etc. Two deck
cranes will facilitate quick and safe handling of said deck equipment. A number
of mooring winches fore and aft have been planned for the safe bunkering
operation in high seas conditions.

A diesel-electric propulsion system consisting
of six (6) diesel generators is planned with one controllable pitch propeller.
A high lift type rudder together with bow- and stern thrusters will be used for
maneuvering.